FTX, the collapsed cryptocurrency exchange, has announced plans to begin repaying customers starting January 3, 2025. The initial distribution is expected within 60 days of this date, focusing on smaller claims of $50,000 or less. To receive payments, customers must complete Know Your Customer (KYC) verification, submit required tax forms, and onboard with Kraken or BitGo through the FTX claims portal by January 3. FTX has recovered between $14.7 billion and $16.5 billion to repay customers and debtors, aiming to return 98% of users' original deposits. However, repayments will be based on the value of crypto holdings at the time of FTX's bankruptcy in November 2022, potentially disappointing customers due to the subsequent rise in cryptocurrency values.
LIVE
Mkt Cap $2.30T
BTC Dom 56.77 %
BTC
$64,961.00
▲ +1.10%
ETH
$1,914.35
▲ +0.90%
USDT
$0.999527
▲ +0.00%
BNB
$594.23
▲ +1.20%
USDC
$0.999737
▲ +0.00%
XRP
$1.03
▲ +1.50%
SOL
$74.63
▲ +2.60%
TRX
$0.327225
▲ +0.30%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.33
▼ -1.70%
DOGE
$0.070224
▲ +1.70%
USDS
$0.999905
▲ +0.00%
RAIN
$0.012699
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$504.62
▲ +0.60%
ADA
$0.1991
▼ -0.80%
XMR
$380.72
▲ +2.50%
WBT
$56.14
▲ +0.90%
LINK
$8.24
▲ +1.20%
XLM
$0.163257
▲ +1.40%
DAI
$0.999803
▲ +0.00%
BCH
$216.06
▲ +0.80%
USD1
$0.999899
▲ +0.00%
USDE
$0.999742
▲ +0.00%
GRAM
$1.35
▲ +1.40%
Mkt Cap $2.30T
BTC Dom 56.77 %
BTC
$64,961.00
▲ +1.10%
ETH
$1,914.35
▲ +0.90%
USDT
$0.999527
▲ +0.00%
BNB
$594.23
▲ +1.20%
USDC
$0.999737
▲ +0.00%
XRP
$1.03
▲ +1.50%
SOL
$74.63
▲ +2.60%
TRX
$0.327225
▲ +0.30%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.33
▼ -1.70%
DOGE
$0.070224
▲ +1.70%
USDS
$0.999905
▲ +0.00%
RAIN
$0.012699
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$504.62
▲ +0.60%
ADA
$0.1991
▼ -0.80%
XMR
$380.72
▲ +2.50%
WBT
$56.14
▲ +0.90%
LINK
$8.24
▲ +1.20%
XLM
$0.163257
▲ +1.40%
DAI
$0.999803
▲ +0.00%
BCH
$216.06
▲ +0.80%
USD1
$0.999899
▲ +0.00%
USDE
$0.999742
▲ +0.00%
GRAM
$1.35
▲ +1.40%
BTC
$64,961.00
▲ +1.10%
ETH
$1,914.35
▲ +0.90%
USDT
$0.999527
▲ +0.00%
BNB
$594.23
▲ +1.20%
USDC
$0.999737
▲ +0.00%
XRP
$1.03
▲ +1.50%
SOL
$74.63
▲ +2.60%
TRX
$0.327225
▲ +0.30%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.33
▼ -1.70%
DOGE
$0.070224
▲ +1.70%
USDS
$0.999905
▲ +0.00%
RAIN
$0.012699
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$504.62
▲ +0.60%
ADA
$0.1991
▼ -0.80%
XMR
$380.72
▲ +2.50%
WBT
$56.14
▲ +0.90%
LINK
$8.24
▲ +1.20%
XLM
$0.163257
▲ +1.40%
DAI
$0.999803
▲ +0.00%
BCH
$216.06
▲ +0.80%
USD1
$0.999899
▲ +0.00%
USDE
$0.999742
▲ +0.00%
GRAM
$1.35
▲ +1.40%
Mkt Cap $2.30T
BTC Dom 56.77 %
BTC
$64,961.00
▲ +1.10%
ETH
$1,914.35
▲ +0.90%
USDT
$0.999527
▲ +0.00%
BNB
$594.23
▲ +1.20%
USDC
$0.999737
▲ +0.00%
XRP
$1.03
▲ +1.50%
SOL
$74.63
▲ +2.60%
TRX
$0.327225
▲ +0.30%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.33
▼ -1.70%
DOGE
$0.070224
▲ +1.70%
USDS
$0.999905
▲ +0.00%
RAIN
$0.012699
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$504.62
▲ +0.60%
ADA
$0.1991
▼ -0.80%
XMR
$380.72
▲ +2.50%
WBT
$56.14
▲ +0.90%
LINK
$8.24
▲ +1.20%
XLM
$0.163257
▲ +1.40%
DAI
$0.999803
▲ +0.00%
BCH
$216.06
▲ +0.80%
USD1
$0.999899
▲ +0.00%
USDE
$0.999742
▲ +0.00%
GRAM
$1.35
▲ +1.40%
